Can I retire at age 51 with 2,010,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$165,984$164,505$163,063$161,655$160,280$157,495
2 years$82,170$80,640$79,157$77,719$76,324$73,527
3 years$54,236$52,699$51,220$49,795$48,423$45,702
4 years$40,272$38,739$37,275$35,875$34,536$31,911
5 years$31,895$30,372$28,927$27,555$26,253$23,732
6 years$26,313$24,801$23,377$22,036$20,773$18,359
7 years$22,327$20,828$19,427$18,117$16,894$14,587
8 years$19,339$17,853$16,475$15,198$14,016$11,815
9 years$17,016$15,545$14,190$12,945$11,803$9,708
10 years$15,159$13,702$12,371$11,159$10,057$8,066
11 years$13,640$12,198$10,891$9,712$8,649$6,760
12 years$12,376$10,948$9,666$8,518$7,495$5,705
13 years$11,307$9,894$8,636$7,520$6,536$4,842
14 years$10,391$8,993$7,759$6,676$5,729$4,129
15 years$9,598$8,216$7,006$5,954$5,045$3,534
16 years$8,905$7,538$6,352$5,331$4,458$3,035
17 years$8,294$6,942$5,780$4,790$3,953$2,614
18 years$7,752$6,415$5,276$4,317$3,515$2,256
19 years$7,267$5,945$4,830$3,900$3,133$1,951
20 years$6,831$5,524$4,433$3,533$2,798$1,690
21 years$6,438$5,146$4,077$3,206$2,504$1,466
22 years$6,080$4,803$3,758$2,915$2,245$1,273
23 years$5,754$4,492$3,470$2,655$2,015$1,107
24 years$5,456$4,209$3,209$2,421$1,811$964
25 years$5,182$3,950$2,972$2,211$1,630$839
26 years$4,930$3,712$2,756$2,022$1,468$732
27 years$4,696$3,494$2,560$1,851$1,324$638
28 years$4,480$3,292$2,380$1,696$1,194$557
29 years$4,279$3,106$2,214$1,555$1,078$486
30 years$4,091$2,933$2,063$1,427$974$424
31 years$3,917$2,773$1,923$1,311$881$371
32 years$3,753$2,624$1,794$1,204$797$324
33 years$3,600$2,485$1,675$1,108$721$283
34 years$3,456$2,355$1,565$1,019$653$248
35 years$3,320$2,234$1,463$938$591$216
36 years$3,192$2,120$1,369$864$536$189
37 years$3,072$2,013$1,281$796$486$166
38 years$2,958$1,914$1,200$734$440$145
39 years$2,850$1,820$1,124$677$399$127
40 years$2,748$1,731$1,054$624$362$111
41 years$2,651$1,648$988$576$329$97
42 years$2,559$1,569$927$531$298$85
43 years$2,471$1,495$870$490$271$74
44 years$2,388$1,425$816$453$246$65
45 years$2,309$1,359$766$418$223$57
46 years$2,233$1,297$720$386$202$50
47 years$2,161$1,237$676$357$184$44
48 years$2,092$1,181$636$330$167$38
49 years$2,026$1,128$597$305$152$33
50 years$1,962$1,078$562$282$138$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,010,000, adding $4,654 every year, while hoping to spend $50,912 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 52/28/20 Blend
50$2,010,000$2,010,000$2,010,000$2,010,000
51$2,219,821$2,113,291$2,082,136$2,322,786
52$2,392,072$2,162,672$2,097,717$2,443,551
53$2,580,187$2,212,766$2,112,114$2,569,163
54$2,785,730$2,263,556$2,125,234$2,704,706
55$3,010,423$2,315,018$2,136,977$2,851,140
56$3,256,161$2,367,129$2,147,241$3,009,523
57$3,525,033$2,419,862$2,155,917$3,181,022
58$3,819,337$2,473,186$2,162,891$3,366,920
59$4,141,605$2,527,068$2,168,044$3,568,635
60$4,494,625$2,581,470$2,171,249$3,787,726
61$4,881,465$2,636,350$2,172,375$4,025,914
62$5,305,507$2,691,664$2,171,282$4,285,094
63$5,770,475$2,747,362$2,167,826$4,567,355
64$6,280,470$2,803,389$2,161,854$4,875,000
65$6,840,008$2,859,685$2,153,207$5,210,568
66$7,454,065$2,916,186$2,141,716$5,576,855
67$8,128,122$2,972,822$2,127,206$5,976,946
68$8,868,216$3,029,516$2,109,492$6,414,240
69$9,680,997$3,086,184$2,088,383$6,892,483
70$10,573,790$3,142,739$2,063,675$7,415,806
71$11,554,666$3,199,083$2,035,158$7,988,761
72$12,632,516$3,255,112$2,002,609$8,616,367
73$13,817,133$3,310,713$1,965,798$9,304,155
74$15,119,309$3,365,766$1,924,480$10,058,224
75$16,550,930$3,420,140$1,878,402$10,885,295
76$18,125,095$3,473,697$1,827,298$11,792,778
77$19,856,232$3,526,286$1,770,890$12,788,839
78$21,760,240$3,577,746$1,708,888$13,882,484
79$23,854,636$3,627,907$1,640,986$15,083,635
80$26,158,717$3,676,583$1,566,868$16,403,232
81$28,693,749$3,723,578$1,486,200$17,853,334
82$31,483,159$3,768,681$1,398,636$19,447,234
83$34,552,762$3,811,667$1,303,811$21,199,583
84$37,931,002$3,852,297$1,201,347$23,126,532
85$41,649,219$3,890,315$1,090,847$25,245,884
86$45,741,946$3,925,447$971,897$27,577,261
87$50,247,233$3,957,402$844,064$30,142,293
88$55,207,007$3,985,871$706,896$32,964,822
89$60,667,466$4,010,523$559,922$36,071,128
90$66,679,516$4,031,007$402,648$39,490,176
91$73,299,251$4,046,951$234,561$43,253,895
92$80,588,479$4,057,955$55,123$47,397,477
93$88,615,308$4,063,600$0$51,959,711
94$97,454,788$4,063,435$0$57,012,452
95$107,189,618$4,056,985$0$62,588,168
96$117,910,926$4,043,743$0$68,727,154
97$129,719,127$4,023,174$0$75,486,794
98$142,724,876$3,994,707$0$82,930,329
99$157,050,105$3,957,739$0$91,127,453
100$172,829,176$3,911,629$0$100,154,972